New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-09-22
TREASURY PURCHASE OF BONDS.
LIGHT OFFERINGS SURPRISE THE OFFICIALS WHAT
WILL BIZ DONE NEXT

LIGHT OFFERINGS SURPRISE THE OffiCiAio- " IN !
WILL BIZ DONE NEXT
WIsmsGToN Sent 2l.--Proposals to sell 4l2 per cent
bonds TO the opened at the Treasury
Department at to-day The proposals to sell were
as follows: A. L. Netteton Syracuse. $1,000 coupon
at lO7 Investors Security Company, OF Burlington
VT 5000 registered at 1857; National Bank OF I'll
Paso III. 900 coupon aud $1,000 registered nj lO3
j. II. Van Antwerp. president Albany. N. u $4,000
registered los WITH accrued interests Beneficial saw
ings Fund Society," OF Philadelphia 100000 registered
at lO9 Maverick National Bank OF Boston, $4,000 reg
i,isred at lOsls S27O0O registered ut 1854, $1,000
coupon at lOsii, $4,000 registered at 1854; W: j.
National Bank Bedford. dass $4,000 re.isered
los with accrued Interest Yets stern, Ns%,f orS,
doIph. Now-York. sll.5o0 registered at l0si9 and
$1,000 coupon at 100; Maverick Na.'onai nanT T OF
Company Boston, s3l 800 registered aud $4,000 copon
M l0sis Charles BIrnasm PawtSenei; X; l s9o coz
registered and 100000 coupoI AZ lOSi9 Wnlta, nor
10000 coupon at los. IS James iaIcoit New.Yor1
$4,000 colpoa ut 1854; j. L. scott. New YORK TOT
Johnson q Co. Washington s6j 900 registered at Josh
Aner tho Other bids had been opened a DELAYED pro-
posa se balf million bonds al 1854 was received
irom Harvey Fisk & cons. OF NewYors. The bid was
admitted. Increasing the total orerlugs TO Sl3ao3oo
The bonds accepted amounted 10 slO65.3OO. ranging
in price from 1880 los H. ana were purchased as
follows: Coupon boads Harvey Fisk sons 100000
National Bank-$Is.ooo at los il: NewEugiand Trust
Company $4,000 at los IL: u. 7. wemplo $40 900
James Tacott-S25 900 at los L. Registered bonds
Investors Security Conpany-s3.0O0 at l05 H. John
H. Van Antwerp-$53.OUO at lOs2i7. Maverick
National Bank 700 at los ls and S37 900 at
los IA; First National Bank OF New. Bedford-S2OOO0
nj iOs Yette stern-$20O 2t los IL; Edmund and
Charles Randolph-Sl 500 at los l.2; New England
Trust Company-S3l. 900 at l0s 2, Charles Burn
hain-S2. 900 at los: II. Y. Wempe-S300O0 at l0s.iv
white. Morris a Co.-sso.00o at 1928; and Lewis
johnson & Co. -S65 900 at los p
The light offerings were disagreeahle surprise 70
Treasury officials. Acting Secretary Thompson said
that while the amount Of bonds oderei was not 30 large
he had expected s the prices asked were generally
reasonable Touching the fntnre policy OF the depart
ment with reference 10 bond purchases Mr. thompson
said that u would he improper toInaks any statement In
advance. II there should be change In :he present
policy ~ would be known only by the action or the
Treasury and not By means OF any preliminary state
Of Intentions For this reason he declined 10 say
whether IL In his Intention 10 extend tho system Of puf
chascs To the psr cent bonds or IN ASK tor
selling lump sum OF $40 100000 or $l5.OoO.Ooo OF
l-2 per cents tue Government. IN supply the re
qurements OF the sinking Fund. These and all other
plans that had been suggested for the RELIEF OF tue
money market hnd he said been carefully considered
but no decision had yet been reached
Before and after todays purchases. tho Acting secre
tary consulted with the President, who IL taking an
active interest In the financial situation.